NOT LISTED FOR SALE

481 Cheyenne Dr Oak Hill, FL 32759

Estimated Value: $482,000 - $736,000

0.14 Acre
$4,389,293 Price per Acre
6,000 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $185,000

Est. 232% increase in value since last sale

Current estimated payment $3,815/month

218 Days on Market

Highlights

  • Waterfront Community
  • Access To Intracoastal Waterway
  • Fishing
  • Boat Dock
  • Intracoastal View
  • Gated Community

About This Lot

As of April 2022

Build your custom home on this beautiful lot with unobstructed views of the Indian River Intracoastal Waterway. Located just south of New Smyrna Beach, Lighthouse Cove is a 55+ Waterfront Community in Oak Hill, FL. Imagine yourself sitting on the back porch and watching the sun rise over the water while dolphins, manatees, and yachts pass by. But don't just sit around, Lighthouse Cove has so much more to offer. Community amenities include a club house, large heated swimming pool, tennis and pickle ball courts, shuffleboard, boat launch for shallow water boats, a riverfront picnic area with fire pit, grills, and 2 gazebos, and a fishing pier. This is truly a fishing haven with an abundant variety of fish including snook, redfish, trout, and flounder. Oak Hill is also known for the shrimping! Come build a home in your own little slice of paradise on Florida's East Coast.

Last Agent to Sell the Property

Lynn Henderson

HYLAND REALTY LLC License #3033629 Listed on: 09/03/2021

Last Buyer's Agent

Lynn Henderson

HYLAND REALTY LLC License #3033629 Listed on: 09/03/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,472

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property fronts a private road
  • West Facing Home
  • Cleared Lot
  • Property is zoned VACANT RES

HOA Fees

  • $71 Monthly HOA Fees

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 237 / 00 - 23
  • Assessor Parcel Number 31-18-35-03-00-2370

Community Details

Overview

  • Lighthouse Cove Homeowners Assn. Jynell Martz Association, Phone Number (386) 423-7796
  • Visit Association Website
  • Golden Bay Colony Ph 01 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Dock
  • Waterfront Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing
  • Access To Intracoastal Waterway

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,472

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6000
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.92546
  • Price per Sq Ft: 30.83
  • Close to Original List Price Ratio: 0.87264
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Private Road
  • Water Body Name: Intracoastal Waterway
  • Waterfront: No
  • Road Surface Type: Paved, Concrete
  • Easements: South Side
  • Water View: Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water View Y N: Yes
  • Front Footage: 60
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Additional Water Information: Community Dock, Small Boat and Kayak Launch Area, and Fishing Pier.
  • Disclosures: Other

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf Carts OK, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Boat Dock, Gated, Pickleball Court(s), Pool, Tennis Court(s)
  • Association Fee: 71.2
  • Association Fee Frequency: Monthly
  • Association Name: Lighthouse Cove Homeowners Assn. Jynell Martz
  • Phone: 386-423-7796
  • Association: Yes
  • Security: Gated Community
  • Association Website: http://newsmyrna.sentrymgt.com
  • Association Email: Jmartz@sentrymgt.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 854.4
  • Monthly HOA Fee: 71.2
  • Total Monthly Fees: 71.2

Lot Info

  • Zoning: VACANT RES
  • Parcel Number: 31-18-35-03-00-2370
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, City Lot
  • Lot Dimensions: 60x100
  • Price Per Acre: 1321429
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3471.74
  • Tax Block: 00 - 23
  • Tax Book Number: 38-146
  • Tax Lot: 237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Apr 29, 2022
Sold by
Baron Gail G
Bought by
Wheeler Brenda and Galipeau Steven
Seller's Agent
Lynn Henderson
HYLAND REALTY LLC
Buyer's Agent
Lynn Henderson
HYLAND REALTY LLC
List Price
$212,000
Sold Price
$185,000
Premium/Discount to List
-$27,000
-12.74%
Current Estimated Value
$614,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,501
Avg. Annual Appreciation
38.45%

Purchase Details

Closed on
Apr 16, 2020
Sold by
Redfish Development Inc
Bought by
Baron Gail G

Purchase Details

Closed on
Mar 3, 2004
Sold by
West Bradford D
Bought by
Redfish Development Inc

Purchase Details

Closed on
May 15, 1989
Bought by
Redfish Development Inc

Purchase Details

Closed on
Mar 15, 1989
Bought by
Redfish Development Inc

Purchase Details

Closed on
Sep 15, 1985
Bought by
Redfish Development Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wheeler Brenda $185,000 Homeland Title Services
Baron Gail G $195,443 Homeland Title Services Inc
Redfish Development Inc $120,000 Associated Land Title Group
Redfish Development Inc $19,500 --
Redfish Development Inc $2,600,000 --
Redfish Development Inc $3,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $185,000 -7.5% --
04/05/2022 04/05/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $199,900 -5.7% --
08/30/2021 08/30/21 For Sale $212,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,409 $334,204 -- --
2025 $6,409 $334,204 -- --
2024 $3,478 $324,786 -- --
2023 $3,478 $159,000 $159,000 $0
2022 $3,316 $150,000 $150,000 $0
2021 $3,472 $150,000 $150,000 $0
2020 $1,142 $102,000 $102,000 $0
2019 $927 $68,400 $68,400 $0
2018 $839 $58,800 $58,800 $0
2017 $592 $23,500 $23,500 $0
2016 $667 $25,000 $0 $0
2015 $704 $25,500 $0 $0
2014 $769 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5968025

Stellar MLS

APN: 8531-03-00-2370